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April 16, 2016

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JD Daojia to merge with Dada

ONLINE retailer will merge its online-to-offline (O2O) business JD Daojia with online delivery platform Dada to combine resources and enhance efficiency.

The parent firm will invest US$200 million in cash for a 47.4 percent stake in the merged company, which will remain a subsidiary of, according to a joint statement yesterday.

“The two companies’ businesses are highly complementary and it’s a win-win cooperation toward building a sustainable O2O ecosystem,” Chief Executive Officer Liu Qiangdong said.

The combined company is expected to strengthen’s delivery capabilities without incurring extra cost. It will connect retailers, service providers and other O2O enterprises with its current user base as well as delivery network.

Daojia and Dada will continue to operate separately and keep their brand names after the deal is completed.


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